From October 1st to 7th every year is China National Day holiday. In September 2020, Tmall International launched a new upgraded business of “overseas direct purchase”, and deployed more than 100 overseas warehouses in 5 major regions of North America, Europe, Japan and South Korea, Hong Kong and Southeast Asia. During this National Day holiday, Tmall’s overseas direct purchase transactions increased by 429% year-on-year. Among…
Category Archives: B2C e-commerce
China’s Cross-Border e-Commerce Users Reaching 138 Million
On September 29, 2020, China Internet Network Information Center (CNNIC) released the 46th “Statistical Report on Internet Development in China”. As of June 2020, the number of cross-border e-commerce users in China has reached 138 million. China’s short video users reach 818 million As of June 2020, the number of short video users in China has reached 818 million, accounting for 87.0% of the total…
China’s Social e-Commerce Expected to 3.5 Trillion RMB in 2020
In 2019, China’s social e-commerce transaction scale has accounted for 19.4% of the total scale of national online retail, and it is expected that this year’s social e-commerce transaction volume will reach 3.54 trillion yuan, accounting for up to 30%. Since 2011, the social e-commerce company, which originated from Weibo, a social platform, has entered a period of rapid growth after rapid development in recent…
Online Live Ordering Meeting of Alibaba’s 1688 Flooded 700,000 Buyers in 2 Days
On September 22, 2020, Alibaba’s 1688 platform held a live online ordering meeting. This has completely changed the thinking habits of SMEs. The two-day order fair for digital home appliances flooded with 720,000 buyers to watch online, which is equivalent to the traffic of 7-8 large offline exhibitions. What’s more amazing is that there is 1 transaction for every two leads! In the past, traditional…
Who is the China e-Commerce Number 1, Alibaba, JD or Pinduoduo?
Due to the Pendamic this year, e-commerce has undoubtedly ushered in explosive growth. This is especially true of Chinese e-commerce. In terms of the number of users, the annual active users of the three major e-commerce companies, Alibaba, JD, and Pinduoduo, have continued to rise. Ali is close to the ceiling of the industry, while JD.com has stepped out of its previous decline, and user…